Guaranteed 3 Percent COLA for Seniors Act of 2017
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Feb 9, 2017)
Guaranteed 3 Percent COLA for Seniors Act of 2017
This bill directs the Bureau of Labor Statistics to prepare and publish a monthly Consumer Price Index for Elderly Consumers that indicates changes over time in expenditures for consumption which are typical for individuals in the United States who are age 62 or older.
The bill amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to: (1) require the use of such index to compute cost-of-living increases for Social Security benefits; and (2) provide, in the case of individuals who have attained age 62, for an annual cost-of-living increase of at least 3%.
What just happenedFeb 22, 2017
Referred to the Subcommittee on Social Security.
Who’s behind it
- Introduced in HouseFeb 9, 2017
- Feb 22, 2017Committee
Referred to the Subcommittee on Social Security.
Social Security Subcommittee - Feb 9, 2017IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Education and the Workforce Committee - Feb 9, 2017IntroReferralH11100-A
Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Feb 9, 2017IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Ways and Means Committee - Feb 9, 2017IntroReferralIntro-H
Introduced in House
- Feb 9, 2017IntroReferral1000
Introduced in House